Gaining an employee skills edge through agile talent practices
83% of Canadian HR leaders report that skill development will continue to be a focus in 2021, but only 12% of HR leaders have implemented skills-based talent strategies such as pay-for skills or skills frameworks.
Source: Mercer's Global Talent Trends Survey
Imagine having complete confidence that your organization will possess the skills required in the future. Leading organizations are future proofing themselves by taking a strategic view of future skills needs. They are adopting a practical approach to talent and reward practices that will enable increased flexibility and resiliency.
It became clear during the pandemic that employee skills fuel business transformation and organizational resilience. According to the World Economic Forum, one in three global organizations are accelerating upskilling or reskilling programs in response to COVID-19. In doing so, they recognize the value of their people — the vast potential of each individual to leverage their existing skills to add value beyond their current role and learn new skills in response to changing needs.
How do you implement an employee skills-based talent model?
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